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Prieur’s readings (November 5, 2009)
Prieur du Plessis (November 5th, 2009) Writes:
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.
• Randall Forsyth (Barron’s): Synchronicity and stock prices, November 3, 2009. In a post-bubble world, equities move in sync with the cycle - worrying given the loss of momentum. As albert Edwards concludes, “the trend is your friend until it hits a bend. Beware, we may have just hit one.”
• Judy Chen (Bloomberg): Stiglitz says US is paying for failure to nationalize banks, November 2, 2009. Nobel Prize-winning economist Joseph Stiglitz said the world’s biggest economy is suffering because of the US government’s failure to nationalize banks during the financial crisis. “If we had done the right thing, we would be able to have more influence over the banks,” Stiglitz told reporters. “They would be lending and
...Congress, David Franklin;, Dead government, Department of the Treasury, Eric Sprott, finance bloggers, food chain bloggers, Investing Lessons, investment postcards, Joseph Stiglitz;, Judy Chen;, Market Commentary, Michael Panzner, Nobel Prize winning economist, Obama administration, Randall Forsyth;, Robert Reich, the Huffington Post, United States, Us Government, Yves Smith
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